Artizen MX DeFi Mining Session
The Artizen team will launch a session of “MX DeFi” to enable mining on ATNT tokens from April 25 to April 27.
Throughout the campaign, users can stake MX and ATNT to earn liquidity yield on ATNT. The staking period will last 3 days. Details are as follows:
• Campaign start time: 2022-04-25 03:00 (UTC)
• Staking period: 2022-04-25 03:00 – 2022-04-27 16:00 (UTC)
Hard cap and allocation details:
• The total yield pool includes 700,000 ATNT tokens.
• MX: no hard cap; a total of 560,000 ATNT liquidity yield (80% of the yield pool)
• ATNT: no hard cap; a total of 140,000 ATNT liquidity yield (20% of the yield pool)
Ways to participate:
- Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine ATNT” to join
- Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine ATNT” to join
Liquidity yield calculation (daily):
User’s daily yield amount = (User’s staking value / total staking value) * Yield supply of the day
For example: Suppose User A stake 10,000 MX to earn ATNT, the yield supply of T day is 186,666 ATNT for MX pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 MX, User A can earn a yield of:
(10,000 / 500,000) * 186,666 ATNT = 3,733 ATNT
Note:
- Minimum Entry Requirement: 10 MX and 100 ATNT respectively;
- If a user joins staking on day T, he/she can unlock the staking token on day T+1;
- The yield is calculated daily and will be distributed to the user’s account on the next day.
About Artizen
Artizen plans to create a metaverse with profound professional partners in various fields such as games and art.
Artizen allows users to utilize partners’ IP (intellectual property rights) to create new works. Artizen’s metaverse platform provides a chance for everyone to experience these new works. The more the user creates unique works, the more the value of the work will be higher.
About MEXC
MXC Exchange is an exchange platform focusing on cryptocurrency assets, founded by some senior practitioner in blockchain industry and specialists from Wall Street, Japan, and Europe. MXC offers safer, smarter, and more convenient exchange services, together with selected blockchain asset, safety insurance, dedicated to building a world-leading cryptocurrency exchange platform.
